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Home Economics

Moodys raised the rating outlook of the EU

by Daniel Brown
2014/03/17
in Economics, HOME
1 min read
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International rating agency Moody‘s rating of the European Union has fixed at ” Aaa ” / “(P) Prime- 1” and raised its outlook from “negative” to “stable .”

Improving credit largest EU states , as well as reducing the risks associated with the debt crisis , have changed the prognosis.

Before Moody’s upgraded its ratings outlook for the Netherlands and Germany ( “AAA” ), Belgium ( ” Aa3 ” ), Italy (“Baa2”) and to “positive ” – Spain ( ” Baa2 ” ) .

About 80% of the EU budget from the states with a “positive ” or ” stable” outlook , while in September 2012 , this share was 22%. Then the agency lowered its ratings outlook for the EU to “negative .”

Tags: EUMoodys
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